Kingbird Enterprises owns the following assets at December 31, 2023: Cash in bank savings account $48,400 Chequing account balance Cash on hand 15,000 Postdated cheque from Blossom Company Cash refund due (overpayment of income taxes) 31,700 Cash in a foreign bank (CAD equivalent) Preferred shares acquired shortly before their fixed maturity date 15,800 Debt instrument with a maturity date of three mo If Kingbird follows ASPE and has adopted the policy to include all possible cash and cash equivalents, what amount should be reported as cash and cash equivalents? Cash and cash equivalents under ASPE $ 63400 If Kingbird follows IFRS and has adopted the policy to include all possible cash and cash equivalents, what amount should be reported as cash and cash equivalents? Cash and cash equivalents under IFRS $ 75600